Portfolio Redevelopment Opportunity For Sale (661)295-9300 Residential/Commercial/Land 24320-26 Walnut Street, Newhall, Santa Clarita, CA 91321 Zone: SC-SP3(Specific Plan) Three Parcels Totaling approx. 9,484 Square Feet APN(s): 2831-012-012; 2831-012-013; 2831-012-014 CRISSMAN COMMERCIAL SERVICES, INC. 25129 The Old Road, Suite #212, Santa Clarita, CA 91381 PH: 661.295.9300 FX: 661.295.0527
TABLE OF CONTENTS Property Summary....... Pg. 3 Property Details/Lease Summary..... Pg. 4 Parcel Identifier/Aerial Photos... Pg. 5 Photos........ Pg. 6 Location.......... Pg. 7 Local Attractions.... Pg. 8 Demographics Pg. 9 Restaurants of Old Town.. Pg. 10 Santa Clarita Development Map.... Pg. 11 Newhall Ranch Development.. Pg. 12 Free 372 Space Parking Garage on the corner of Main & 8 th Street Primary Contacts: Tim Crissman Broker O: (661)295-9300 M: (661)510-8145 tim@crissmancommercial.com DRE# 00855176 Aaron Avila Senior Associate O: (661)295-9300 M: (661)993-9873 aaron@crissmancommercial.com DRE# 02037778 Dean Cox Senior Associate O: (661)295-9300 M: (661)644-6120 dean@crissmancommercial.com DRE# 01331788 Jacob Hodges Office Manager O: (661)295-9300 M: (818)304-2304 jacob@crissmancommercial.com DRE# 02058432 Crissman Commercial Services, Inc. makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Crissman Commercial is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporations s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of Crissman Commercial, its affiliates, or any agent, product, service, or commercial listing of Crissman Commercial, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers.
SUMMARY 24320-24326 Walnut Street PAGE 3 PROPERTY SUMMARY: This Portfolio consists of three contiguous parcels in the heart of Old Town Newhall; Santa Clarita s Arts & Entertainment District. The properties consist of a commercial office building, a single family residential dwelling, and a vacant lot, all within the SC-SP3 Zone (Newhall Specific Plan). There is an abundance of amenities nearby with many more under way as projects such as the Newhall Crossings, Laemmle Theatre, and Luxen Hotel progress. The Newhall Crossings and Laemmle Theatre developments are scheduled to be delivered in 2019 and consist of 20,000 Sq. Ft. of commercial space, 47 residential dwellings, a 372 space parking garage, a 7 screen movie theatre and a 2,000 Sq. Ft. restaurant space with courtyard seating. These projects are projected to attract an extra 250,000 patrons annually. Property is also in close proximity to the Metro Link station, Interstate 5, and CA-14, making it a very commuter friendly location. Other amenities include William S Hart Park & Museum, Newhall Library, and Newhall Memorial Park all within ¼ mile of this location.
TENANT LEASE SUMMARY 24320-24326 Walnut Street PAGE 4 Tenant Name Suite Square Feet Cinderella Beauty Shop 1 st floor 920 Approx. Comm. Term Expires Monthly Rent/SF Total Rent/ Month Total Rent/Year Adjusts On Adjusts To Lease Type 3/1/2016 - Month to Month N/A $1,100 $13,200 N/A N/A MG Offering Property: Portfolio: Vacant land, office, residential Price: $1,075,000.00 Address: 24320-24326 Walnut St., Newhall, CA 91321 APN: 2831-012-012 2831-012-013 2831-012-014 Zoning: SC-SP3(Newhall) Site Description Parcel #012: Year Built: Vacant Gross Building SF: Vacant Lot Size: 0.073 AC / 3,182 Sq. Ft. Parcel #013: Year Built: 1976 Gross Building SF: 1,840 Sq. Ft. Lot Size: 0.071 AC / 3096 Sq. Ft. Property Type: Commercial/Office Parcel #014: Year Built: 1928 Gross Building SF: 504 Lot Size: 0.074 AC / 3,206 Sq. Ft. Property Type: Private Residence
Parcel Identifier/Aerial Photos 24320-24326 Walnut Street PAGE 5 A B C APN #: 2831-012-014 APN #: 2831-012-013 APN #: 2831-012-012 A B C
24320-24326 Walnut Street PAGE 6 Photos 2 nd Floor Office Space
24320-24326 Walnut Street PAGE 7 LOCATION Only 2 miles from the 14 Freeway Approximately 30 miles from Downton Los Angeles Approximately 30 miles from Pasadena In Santa Clarita s Arts & Entertainment District Surrounded by residential and commercial areas Many amenities nearby Interstate 5 is just a short drive away down the Lyons Corridor Lyons Avenue Old Town Newhall 25057 PEACHLAND AVENUE PAGE 7
24320-24326 Walnut Street PAGE 8 Local Attractions Newhall Library William S. Hart Museum & Park Veteran s Memorial Park ¼ Mile away! Luxurious build out makes it a great place to lounge, read, or study. At the intersection of Lyons Avenue & Main Street. A great anchor that attracts residents from all over the Santa Clarita Valley. ¼ Mile away! The Hart museum was formerly William S Hart s 10,000 Square Foot home. The Animal Barnyard is home to Bison, Cattle, chickens, pigs, deer, & more! Hosts great events including: Concerts in the Park Bow-wows & Meows Pet Fair. Go Country at Hart. & More 400 Feet away! A beautiful memorial park at the entrance of Old Town Newhall. An excellent place for residents and patrons to relax, exercise, or eat their lunch from one of the many local restaurants. Professionally kept and maintained.
DEMOGRAPHICS 24320-24326 Walnut Street PAGE 9
Old Town Newhall Restaurants 24320-24326 Walnut Street PAGE 10
SANTA CLARITA DEVELOPMENTS 1. 2. 3. 7 19 21 4 10 31 29 5 20 24 6 28 15 11 30 23 18 3 2 12 13 16 1 26 14 27 25 17 9 8 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30. 31. Redevelopment Block Sherriff Station Canyon Country Community Center West Creek/West Hills Five Knolls River Village D Phantom Trail Vista Canyon Ranch 3 Oaks/NAD Dentec Five Knolls Senior Aliento GVR Senior Aliento GVR Ranch Newhall Crossings Sand Canyon Plaza Ravello/Placerita Meadows Needham Ranch Oliver Hotel West Hills/West Creek Residence Inn West Hills/West Creek Retail Cinque Terra VTC Square Tourney Place Luxen Hotel Laemmle Theatres Newhall Crossings Sand Canyon Plaza Hampton Homewood Suites Former Pier One Building Providence Healthcare 22 Purple: City Projects Green: Entitled Residential Red: Pending Residential Blue: Entitled Commercial Orange: Pending Commercial 24320-24326 Walnut Street PAGE 11
24320-24326 Walnut Street PAGE 12 NEWHALL RANCH DEVELOPMENT (APPROVED) It will be considered the largest subdivision of its kind in the nation! Projected to provide: 60,000 Permanent jobs! $800 Million in state and local taxes! More than 21,500 homes for the Santa Clarita Valley as well as commercial developments and schools!(over a period of 20 years) Innovative GREEN building practices! Reducing net greenhouse gas emissions from the project & construction to practically nothing! Source: http://netzeronewhall.com/